TechFlow news, June 30 — According to Jinshi Data, the Hong Kong Exchange has implemented a new stock transaction fee structure starting today (30th), completely removing the previous minimum HK$2 and maximum HK$100 fee caps. "This adjustment is related to Hong Kong's market policy of reducing the minimum price increment (the smallest price movement for buying and selling stocks). Under the new standards, the cost of small transactions for investors will significantly decrease," an industry insider explained. Specifically, in the past, small transactions incurred relatively high costs due to the minimum fee requirement. For example, on a HK$1,000 trade, the minimum fee of HK$2 resulted in a fee rate as high as 0.2%. After the adjustment, the fee rate drops to 0.0042%, or HK$0.042, substantially lowering costs. At the same time, by eliminating both the minimum and maximum fee caps, institutional investors can more accurately calculate transaction costs and optimize trading strategies, helping better control costs during large-scale trades. In addition, under the new rules, fees continue to be charged on both the buy and sell sides.
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